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Inventories (Tables)
9 Months Ended
Sep. 30, 2014
Inventory Disclosure [Abstract]  
Inventories

 

Inventories consisted of the following:

 

 

 

September 30,

 

 

December 31,

 

 

 

2014

 

 

2013

 

 

 

(In millions)

 

Crude oil

 

$

326

 

 

$

291

 

Refined petroleum products and natural gas

 

 

217

 

 

 

618

 

Less: LIFO adjustment

 

 

(44

)

 

 

(339

)

 

 

 

499

 

 

 

570

 

Merchandise, materials and supplies

 

 

318

 

 

 

384

 

Total inventories

 

$

817

 

 

$

954